The UK Stock Market Now Trails Oman and Malaysia in IPO Rankings
Low valuations and weak liquidity are pushing companies to list elsewhere.
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Things are going from bad to worse for London’s IPO market, where less money has been raised this year than on some tiny frontier venues.
Fundraising from London initial public offerings has declined about 9% this year to $1 billion, pushing the UK four spots lower to 20th place in a ranking of global IPO venues, according to data compiled by Bloomberg through the end of November.